Yield rates to maturity for zero-coupon bonds are currently quoted at 8.5% for one-year maturity, 9.5% for two-year maturity, and 10.5% for three-year maturity. Let i be the one-year forward rate for year two implied by current yields of these bonds. Calculate i.

A 9.2%

B 9.5%

C 10.5%

D 11.5%

E 12.5%